What changed
The Government of Gujarat created Tapi district (Vyara, Songadh, Uchchal, Nizar, Valod talukas) from Surat district effective October 2, 2007. RBI assigned Lead Bank responsibility for Tapi district to Bank of Baroda. Bank of Baroda continues as Lead Bank for the reorganised Surat district (remaining talukas).
What it means for you
Bank of Baroda now has lead bank duties for two districts in Gujarat: Tapi and Surat. Other banks with operations in these areas should coordinate with Bank of Baroda for district credit planning and government schemes. No changes for other Gujarat districts.
What you must do
- Acknowledge receipt of this circular to RBI.
- Update internal records for lead bank assignments in Gujarat.
- Coordinate with Bank of Baroda for any district-level credit or development initiatives in Tapi and Surat.
Who it affects
Bank of Baroda (lead bank for Tapi and Surat districts), All lead banks in Gujarat, Banks operating in Tapi and Surat districts
Which bank is the new lead bank for Tapi district?
Bank of Baroda has been assigned lead bank responsibility for the newly formed Tapi district in Gujarat.
Does this affect lead bank responsibility for other Gujarat districts?
No, there is no change in lead bank responsibility for any other district in Gujarat.